Indian Contract Act MCQ question and answer

61

A' intending to deceive 'B' falsely represents that five hundred tons of indigo is made annually at A's factory and thereby induce 'B' to buy the factory. The contract is:

A) Void B) Voidable at the option of 'A' C) Voidable at the option of 'B' D) Illegal

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Answer & Solution

Answer: Option C

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62

Clayton's principle is related to which of the following concepts of the Contract Act?

A) Appropriation of payments B) Performance of reciprocal promises C) Void agreements D) Capacity to Contract

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Answer & Solution

Answer: Option D

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63

A and B enter into an agreement induced by a mistaken view as to foreign law. The agreement is:

A) Voidable B) Valid C) Void D) Valid in the beginning and void on discovery of mistake

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Answer & Solution

Answer: Option C

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64

In Cox v. Hickman (1860), Lord Wensleydale held that law relating to partnership is a branch of:

A) Law of Bailment B) Law relating to Trust C) Law relating to Principal and Agent D) None of the above

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Answer & Solution

Answer: Option C

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65

Which of the following statements is/are correct?
1. Counter offer puts an end to the original offer.
2. In counter offer, the previous offer can be revived.
3. Acceptance must be absolute and unqualified.
4. Acceptance with new terms is valid.
Select the correct answer using the given below:

A) 1 only B) 2 only C) 2 and 3 D) 3 and 4

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Answer & Solution

Answer: Option B

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66

The principle of assessment of damages for breach is given in:

A) Hadley v. Baxendale B) Scarf v. Zodine C) King v. Horr D) Hyde v. Wrench

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Answer & Solution

Answer: Option A

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67

X promises to make a sculpture for Y:

A) X's son can perform the promise B) X has to perform the promise personally C) X's servant can perform the promise D) X's agent who is an artist also, can perform the promise

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Answer & Solution

Answer: Option B

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68

Which of the following statement is incorrect

A) Every contract is an agreement but every agreement is not a contract B) The test of contractual intention should be objective and not subjective C) Acceptance is complete when it is communicated to the offeror D) The party inviting tender is 18 years old to accept the tender

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Answer & Solution

Answer: Option D

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69

Match List-I with List-II and select the correct answer by using the given below the lists;

List-I	List-II
a. Lalman Shukla v. Gauri Dutt	1. Restitution
b. Tweddle v. Atkinson	2. Privity or contract
c. Balfour v. Balfour	3. Intention to contract
d. Khan Cui v. Lakha Singh	4. General offer

A) a-4, b-2, c-3, d-1 B) a-1, b-2, c-3, d-4 C) a-2, b-3, c-4, d-1 D) a-3, b-4, c-2, d-1

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Answer & Solution

Answer: Option A

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70

A contract will still be a valid contract if it is

A) Opposed to public policy B) In restraint of marriage C) In restraint of Trade D) Without adequate consideration

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Answer & Solution

Answer: Option D

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Indian Contract Act MCQ question and answer | Law MCQ question